| Jul 29, 2014
| 3:08 PM
President Obama announced a new round of U.S. sanctions on Russia's banking, arms and energy sectors, the latest step intended to punish Moscow for backing separatist militias in eastern Ukraine.
"Today is a reminder that the United States means what...
| Jul 14, 2014
| 6:39 PM
With Citigroup Inc. agreeing to pay $7 billion for issuing toxic mortgage securities, the Justice Department now turns to settling its case against what analysts call the biggest mortgage miscreant of all: Bank of America Corp.
The government has...
| Jul 8, 2014
| 5:00 AM
In a makeshift office — a living room crowded with desks, monitors and a beanbag chair — a handful of programmers are hacking away on computers, aiming to make their mark on the multibillion-dollar financial services industry.
| Jun 29, 2014
| 4:13 AM
At the helm of a ship early in her career with the U.S. Coast Guard, Sandra Stosz was given an ultimatum:
"You stand on the bridge like John Wayne with a six-gun in each hand barking orders and then I'll qualify you."
Stosz, a 1978 graduate of the U....
| Jun 17, 2014
| 1:19 PM
SunTrust Banks Inc, a large Southeastern regional bank, has agreed to pay $968 million to settle a U.S. federal probe into allegations of mortgage origination, servicing and foreclosure abuses, the U.S. Justice Department said on Tuesday.
| Jun 17, 2014
| 3:33 PM
Maryland will receive $33 million from a nearly $1 billion joint state-federal settlement reached with SunTrust Mortgage Inc. over past problems with its mortgage servicing and foreclosure procedures, the Maryland Attorney General's office announced...
| Jun 3, 2014
| 3:08 PM
Insurance companies large enough that their failure could disrupt the U.S. economy will face a familiar regulator as former Connecticut Insurance Commissioner Thomas R. Sullivan starts a newly created position next week at the U.S. Federal Reserve....
| Jul 26, 2013
| 2:41 PM
Most checking accounts pay little or no interest, and fewer and fewer are free.
But at Patapsco Bank in Dundalk, checking customers can earn about 2 percent a year in a free account or choose cash back or even iTunes rewards. And members of Money One...
| Jun 17, 2013
| 5:38 PM
Marylanders are big complainers.
At least when it comes to the financial services they receive.
Maryland ranked No. 2 in the nation in mortgage complaints per capita, second only to New Hampshire, for grievances lodged with the Consumer Financial...
| May 3, 2013
| 2:47 PM
Tax lien auctions are a little-known but juicy Florida financial market worth up to $1 billion a year. And, the Sun Sentinel has found, banks, hedge funds and other financial powerhouses have hit upon a way to game the system, squeeze out the little guy...
| Mar 26, 2013
| 9:41 AM
When Crunch Fitness took over the Bally's Total Fitness gym location in Newport News, Mickey Marcella, of Newport News, wanted a refund on his contract since the new owners removed the swimming pool and sauna facilities.
Joseph David, of Virginia Beach,...